September 21st, 2011 05:19:55 GMT

Company for Adam?


That’s Adam Posen. Latest BOE minutes out later this morning, and we’ll see whether anyone at the MPC joined Mr Posen in calling for more QE. If anyone did, then that would most  probably be a negative for sterling. Cable still … Continue reading

September 16th, 2011 07:11:59 GMT

One of the wire services…….


Is carrying comments from BOE’s Bean, which Sean reported overnight: Inflation in UK will come down Events in Europe are “worrying” Recent economic indicators disappointing UK outlook weaker than it was More QE would be effective Cable off to a … Continue reading

September 13th, 2011 13:19:55 GMT

Like the sun rises in the East…


…MPC member Adam Posen argues the BOE should undertake more QE. Lack of policy action will lead to unemployment Fully expects inflation to fall rapidly Without QE, outlook will look grim The market is slowly coming around to his view … Continue reading

September 8th, 2011 11:12:50 GMT

Cable heading up through stops 1.6020


Rally stuttered at  1.6015 after the BOE announcement, but were heading up again  now taking out some stops through 1.6020 to a high of 1.6041 despite some selling into the move from an Asian sovereign. Offers now seen 1.6040/50


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